CAPITAL RAISE
Peru-focused explorer Titan Minerals has raised A$11-million through a share placement to fund the acquisition of the Mirador copper and gold plant, and to fund exploration and development at its Torrecillas and San Santiago gold projects.
The share placement, which was priced at 3c a share, was conducted in two tranches, with the first consisting of more than 233.3-million shares, and issued under the company’s existing placement capacity.
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